Two Hudson Co. Multifamily Investment Properties Sold for $1.48M

NEW JERSEY—Gebroe-Hammer has arranged two separate multifamily investment property deals in Hudson County for a total of $1.48 million for 18 total units, including one ground-floor rental unit.

Gebroe-Hammer exclusively represented the seller and identified the buyer, a long-time client, in the $950,000 sale of a five-story walk-up in Weehawken. The mid-rise building is situated between JFK Boulevard East and Park Avenue.

In addition, the firm also orchestrated a $530,000 short sale of a four-story brick building in Union City. Comprised of eight, two-bedroom units, the property is near Jose Marti Field and St. Michael the Archangel Church and Monastery.